Manteo, NC is a great place to live with its median housing value of $472,900. Compared to the US median housing value of $338,100, Manteo does have a higher cost of living. However, the 1 year house appreciation in Manteo is 13.68%, much higher than the US 1 year house appreciation rate of 8.27%. This makes Manteo an attractive option for anyone looking to invest in housing and benefit from strong returns over the long term.
The median home cost in Manteo is $472,900. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Manteo is up 19.6%.
Average Age of Homes
- The median age of Manteo real estate is 25 years old
The Rental Market in Manteo
- Renters make up 26.9% of the Manteo population
- 6.9% of houses and apartments in Manteo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.